BLADE MOTOR CYCLES LIMITED
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Cash
£208k
-67% lowest in 3 filed years
Net assets
-£2.4m
-2.3% lowest in 3 filed years
Employees
53
-30.3% lowest in 3 filed years
Profit before tax
-£117k
+95.2% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £29,688,280 | £29,186,514 | £22,534,217 | -22.8% | |
| Operating profit | -£729,336 | -£1,987,283 | £120,288 | +106.1% | |
| Profit before tax | -£1,177,079 | -£2,449,255 | -£117,046 | +95.2% | |
| Net profit | -£412,978 | -£1,499,828 | -£54,210 | +96.4% | |
| Cash | £881,309 | £631,312 | £208,474 | -67% | |
| Total assets less current liabilities | -£820,783 | -£1,710,517 | -£2,446,450 | -43% | |
| Net assets | -£892,412 | -£2,392,240 | -£2,446,450 | -2.3% | |
| Equity | -£892,412 | -£2,392,240 | -£2,446,450 | -2.3% | |
| Average employees | 78 | 76 | 53 | -30.3% | |
| Wages | £2,321,991 | £2,506,315 | £1,800,144 | -28.2% | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -2.5% | -6.8% | 0.5% | |
| Net margin | -1.4% | -5.1% | -0.2% | |
| Current ratio | 0.85x | 0.72x | 0.59x | |
| Interest cover | -1.63x | -4.30x | 0.51x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- BLADE MOTOR CYCLES LIMITED 2003-02-18 → present
- SECKLOE 145 LIMITED 2003-02-10 → 2003-02-18
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company continues to be supported by its ultimate parent company, Blade Automotive Group Limited, to ensure it can meet liabilities as they fall due. On this basis the directors consider it appropriate to prepare the financial statements on the going concern basis.”
Significant events
- “At the start of January 2025, the company closed the loss-making operations of the multi franchise Swindon dealership and Harley Davidson Abingdon.”
- “In December 2024, the company provided notice of its intention to close its Swindon and Abingdon Harley Davidson businesses.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| POSGATE, David | Secretary | 2024-05-14 | — | — |
| HINALLAS, Nicholas | Director | 2019-04-13 | Jan 1963 | British |
| NEULAENDER, Richard Luis | Director | 2019-04-13 | Jun 1968 | British |
| WALSH, John Christopher | Director | 2019-04-13 | Apr 1964 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FLANAGAN, Rachel Clare | Secretary | 2003-02-18 | 2019-04-13 |
| LISTER, Brian | Secretary | 2019-04-13 | 2024-04-14 |
| A.C. SECRETARIES LIMITED | Corporate Nominee Secretary | 2003-02-10 | 2003-02-10 |
| EMW SECRETARIES LIMITED | Corporate Secretary | 2003-02-10 | 2003-02-18 |
| FLANAGAN, Michael John | Director | 2003-02-18 | 2019-04-13 |
| FLANAGAN, Rachel Clare | Director | 2003-02-18 | 2019-04-13 |
| A.C. DIRECTORS LIMITED | Corporate Nominee Director | 2003-02-10 | 2003-02-10 |
| EMW SECRETARIES LIMITED | Corporate Director | 2003-02-10 | 2003-02-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Blade Motor Cycles Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-01-12 | Active |
Filing timeline
Last 20 of 97 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-26 | AA | accounts | Accounts with accounts type full | |
| 2026-04-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-02 | AA | accounts | Accounts with accounts type full | |
| 2025-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-05 | AA | accounts | Accounts with accounts type full | |
| 2024-09-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-05-14 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-05-14 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-24 | AA | accounts | Accounts with accounts type full | |
| 2023-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-12 | AA | accounts | Accounts with accounts type full | |
| 2022-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-27 | AA | accounts | Accounts with accounts type full | |
| 2021-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-30 | AA | accounts | Accounts with accounts type full | |
| 2020-06-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.